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Comcast Holdings Corp. (CCZ) 10-Year Financial Performance & Capital Metrics

CCZ • • Industrial / General
Communication ServicesBroadcastingTelevision BroadcastingLocal TV Station Operators
AboutComcast Holdings Corporation manages and operates broadband cable networks in the United States. The company, over its cable networks, primarily offers various services, including video, Internet, and phone. Its video services include cable networks, pay-per-view programming, digital cable, video-on-demand, high-definition television, and digital video recorder services. The company’s Internet services consist of multiple email addresses, online storage, and various value-added features. Comcast Holdings’ phone services comprise traditional circuit-switched local phone service, an array of associated calling features, and third-party long-distance services. The company also provides installation services and engages in third-party electronic retailing, Internet connectivity, and networked business applications. Comcast Holdings Corp. was formerly known as Comcast Corporation and changed its name to Comcast Holdings Corp. in November 2002. The company was incorporated in 1969 and is based in Philadelphia, Pennsylvania. Comcast Holdings Corporation operates as a subsidiary of Comcast Corporation.Show more
  • Revenue $123.73B +1.8%
  • EBITDA $32.05B -14.9%
  • Net Income $16.19B +5.2%
  • EPS (Diluted) 4.14 +11.6%
  • Gross Margin 100% +43.3%
  • EBITDA Margin 25.91% -16.3%
  • Operating Margin 18.83% -1.8%
  • Net Margin 13.09% +3.4%
  • ROE 19.13% +2.9%
  • ROIC 13.56% +39.0%
  • Debt/Equity 0.06 -95.1%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong Piotroski F-Score: 9/9
  • ✓17 consecutive years of dividend growth
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Share count reduced 5.8% through buybacks
  • ✓Healthy 5Y average net margin of 10.5%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y6.05%
5Y2.58%
3Y2.06%
TTM0.2%

Profit (Net Income) CAGR

10Y6.81%
5Y4.4%
3Y4.57%
TTM54.06%

EPS CAGR

10Y9.97%
5Y7.91%
3Y10.84%
TTM61.29%

ROCE

10Y Avg9.44%
5Y Avg8.46%
3Y Avg8.83%
Latest10.33%

Peer Comparison

Local TV Station Operators
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CCZComcast Holdings Corp.568.62M63.1815.261.78%18.33%23.16%100%0.06
TGNATEGNA Inc.3.06B19.005.386.56%12%11.08%20.67%1.04
SSPThe E.W. Scripps Company283.65M3.693.659.46%0.99%1.83%100%2.04
GTNGray Media, Inc.415.33M4.491.3411.06%2.81%3.35%100%1.94

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+74.51B80.4B84.53B94.51B108.94B103.56B116.39B121.43B121.57B123.73B
Revenue Growth %0.08%0.08%0.05%0.12%0.15%-0.05%0.12%0.04%0%0.02%
Cost of Goods Sold+22.55B24.46B25.38B29.69B34.44B33.12B38.45B38.21B36.76B0
COGS % of Revenue0.3%0.3%0.3%0.31%0.32%0.32%0.33%0.31%0.3%-
Gross Profit+51.96B55.94B59.14B64.81B74.5B70.44B77.94B83.21B84.81B123.73B
Gross Margin %0.7%0.7%0.7%0.69%0.68%0.68%0.67%0.69%0.7%1%
Gross Profit Growth %0.09%0.08%0.06%0.1%0.15%-0.05%0.11%0.07%0.02%0.46%
Operating Expenses+35.96B39.08B41.16B45.81B53.38B52.95B57.12B69.17B61.5B48.61B
OpEx % of Revenue0.48%0.49%0.49%0.48%0.49%0.51%0.49%0.57%0.51%0.39%
Selling, General & Admin5.94B6.11B6.32B7.04B7.62B6.74B7.7B8.51B47.16B48.61B
SG&A % of Revenue0.08%0.08%0.07%0.07%0.07%0.07%0.07%0.07%0.39%0.39%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses320M327M61M326M45.76B46.21B49.42B60.67B14.34B0
Operating Income+16B16.86B17.99B19.01B21.13B17.49B20.82B14.04B23.31B23.3B
Operating Margin %0.21%0.21%0.21%0.2%0.19%0.17%0.18%0.12%0.19%0.19%
Operating Income Growth %0.07%0.05%0.07%0.06%0.11%-0.17%0.19%-0.33%0.66%-0%
EBITDA+24.68B26.42B28.12B30.03B34.08B30.59B34.62B27.86B37.65B32.05B
EBITDA Margin %0.33%0.33%0.33%0.32%0.31%0.3%0.3%0.23%0.31%0.26%
EBITDA Growth %0.08%0.07%0.06%0.07%0.13%-0.1%0.13%-0.2%0.35%-0.15%
D&A (Non-Cash Add-back)8.68B9.56B10.13B11.02B12.95B13.1B13.8B13.82B14.34B8.76B
EBIT16.07B17.3B18.44B19.15B21.56B17.49B23.37B22.62B24.57B14.54B
Net Interest Income+-2.7B-2.94B-3.09B-3.54B-4.57B-4.59B-4.28B-3.9B-4.09B0
Interest Income0000000000
Interest Expense2.7B2.94B3.09B3.54B4.57B4.59B4.28B3.9B4.09B-4.13B
Other Income/Expense-2.63B-2.48B-2.67B-3.77B-4.13B-3.43B-1.72B-4.76B-2.84B-4.62B
Pretax Income+13.37B14.35B15.32B15.24B17B14.06B19.09B9.28B20.48B18.67B
Pretax Margin %0.18%0.18%0.18%0.16%0.16%0.14%0.16%0.08%0.17%0.15%
Income Tax+4.96B5.31B-7.58B3.38B3.67B3.36B5.26B4.36B5.37B-2.8B
Effective Tax Rate %0.61%0.61%1.48%0.77%0.77%0.75%0.74%0.58%0.75%0.87%
Net Income+8.16B8.7B22.71B11.73B13.06B10.53B14.16B5.37B15.39B16.19B
Net Margin %0.11%0.11%0.27%0.12%0.12%0.1%0.12%0.04%0.13%0.13%
Net Income Growth %-0.03%0.07%1.61%-0.48%0.11%-0.19%0.34%-0.62%1.87%0.05%
Net Income (Continuing)8.41B9.03B22.92B11.86B13.32B10.7B13.83B4.92B15.11B16.19B
Discontinued Operations0000000000
Minority Interest2.93B3.68B2.2B2.21B2.52B2.69B1.92B1.09B764M237M
EPS (Diluted)+1.621.714.752.532.832.283.041.213.714.14
EPS Growth %0.01%0.06%1.78%-0.47%0.12%-0.19%0.33%-0.6%2.07%0.12%
EPS (Basic)1.671.714.892.592.872.303.091.223.734.14
Diluted Shares Outstanding5.04B5.09B4.79B4.64B4.61B4.62B4.65B4.43B4.15B3.91B
Basic Shares Outstanding4.88B4.88B4.64B4.53B4.55B4.57B4.58B4.41B4.12B3.91B
Dividend Payout Ratio0.3%0.3%0.13%0.29%0.29%0.39%0.32%0.88%0.31%0.3%

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+12.3B16.36B16.06B21.85B25.39B26.74B24.81B21.83B23.99B26.8B
Cash & Short-Term Investments2.4B3.3B3.43B3.81B5.5B11.74B8.71B4.75B6.21B7.32B
Cash Only2.29B3.3B3.43B3.81B5.5B11.74B8.71B4.75B6.21B7.32B
Short-Term Investments106M000000000
Accounts Receivable6.9B7.96B8.83B11.1B11.29B11.47B12.01B12.67B13.81B13.66B
Days Sales Outstanding33.7836.1138.1542.8937.8340.4137.6638.0941.4740.3
Inventory01.77B9M3.75B3.88B00000
Days Inventory Outstanding-26.440.1346.0541.09-----
Other Current Assets3.11B3.33B4.08B6.93B4.72B3.54B4.09B4.41B3.96B5.82B
Total Non-Current Assets+154.27B164.14B170.89B229.84B238.02B247.13B251.1B235.45B240.82B239.41B
Property, Plant & Equipment33.66B36.25B38.47B44.44B48.32B51.99B54.05B55.48B65.47B62.55B
Fixed Asset Turnover2.21x2.22x2.20x2.13x2.25x1.99x2.15x2.19x1.86x1.98x
Goodwill32.95B35.98B36.78B66.15B68.72B70.67B70.19B58.49B59.27B58.21B
Intangible Assets82.17B83.89B85.22B105.56B104.43B108.09B105.75B101.23B87.23B25.6B
Long-Term Investments3.22B5.25B6.93B7.88B7.68B8.27B8.69B7.74B8.52B8.65B
Other Non-Current Assets-31.29B-32.09B-20.77B-21.79B-19.31B-19.95B-17.62B-16.22B12.63B84.41B
Total Assets+166.57B180.5B186.95B251.68B263.41B273.87B275.9B257.27B264.81B266.21B
Asset Turnover0.45x0.45x0.45x0.38x0.41x0.38x0.42x0.47x0.46x0.46x
Asset Growth %0.05%0.08%0.04%0.35%0.05%0.04%0.01%-0.07%0.03%0.01%
Total Current Liabilities+18.18B21.54B21.56B27.6B30.29B28.8B29.35B27.89B40.2B39.58B
Accounts Payable6.21B6.92B6.91B8.49B10.83B11.36B12.46B12.54B12.44B0
Days Payables Outstanding100.6103.1899.33104.42114.74125.23118.23119.82123.48-
Short-Term Debt3.63B5.48B5.13B4.4B4.45B3.15B2.13B1.74B2.07B4.91B
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities001.64B000-766M-675M9.17B31.17B
Current Ratio0.68x0.76x0.74x0.79x0.84x0.93x0.85x0.78x0.60x0.68x
Quick Ratio0.68x0.68x0.74x0.66x0.71x0.93x0.85x0.78x0.60x0.68x
Cash Conversion Cycle--40.62-61.05-15.48-35.81-----
Total Non-Current Liabilities+93.2B101.34B94.58B150.26B147.88B152.06B148.55B147.35B141.15B140.59B
Long-Term Debt48.99B55.57B59.42B107.34B97.77B104.52B96.19B96.44B95.02B0
Capital Lease Obligations00003.89B5B8.17B7.91B5.84B0
Deferred Tax Liabilities33.57B34.85B24.26B27.59B28.18B28.05B30.04B28.71B26B25.23B
Other Non-Current Liabilities10.64B10.93B35.23B15.33B18.04B13.73B19.32B19.46B14.28B115.36B
Total Liabilities111.38B122.88B116.14B177.87B178.17B180.85B177.9B175.24B181.34B180.17B
Total Debt+52.62B61.05B64.56B111.74B102.22B103.76B107.26B106.77B97.09B4.91B
Net Debt50.33B57.74B61.13B107.93B96.72B92.02B86.14B90.06B90.88B-2.42B
Debt / Equity0.95x1.06x0.91x1.51x1.20x1.12x1.09x1.30x1.16x0.06x
Debt / EBITDA2.13x2.31x2.30x3.72x3.00x3.39x3.10x3.83x2.58x0.15x
Net Debt / EBITDA2.04x2.19x2.17x3.59x2.84x3.01x2.49x3.23x2.41x-0.08x
Interest Coverage5.92x5.73x5.83x5.37x4.63x3.81x4.86x3.60x5.70x-
Total Equity+55.2B57.62B70.81B73.82B85.25B93.02B98.01B82.04B83.47B85.8B
Equity Growth %0.02%0.04%0.23%0.04%0.15%0.09%0.05%-0.16%0.02%0.03%
Book Value per Share10.9611.3214.7915.9118.4920.1221.0618.5220.1221.95
Total Shareholders' Equity52.27B53.94B68.61B71.61B82.73B90.32B96.09B80.94B82.7B85.56B
Common Stock29M28M55M54M54M54M54M51M48M47M
Retained Earnings21.41B23.08B38.19B41.98B50.7B56.44B61.9B51.61B52.89B56.97B
Treasury Stock-7.52B-7.52B-7.52B-7.52B-7.52B-7.52B-7.52B-7.52B-7.52B0
Accumulated OCI-174M98M379M-368M1.05B1.88B1.48B-2.61B-1.25B-2.04B
Minority Interest2.93B3.68B2.2B2.21B2.52B2.69B1.92B1.09B764M237M

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+18.78B19.24B21.4B24.3B25.7B24.74B29.15B26.41B28.5B27.67B
Operating CF Margin %0.25%0.24%0.25%0.26%0.24%0.24%0.25%0.22%0.23%0.22%
Operating CF Growth %0.11%0.02%0.11%0.14%0.06%-0.04%0.18%-0.09%0.08%-0.03%
Net Income8.41B9.04B22.9B11.86B13.32B10.7B13.83B4.92B15.11B15.88B
Depreciation & Amortization8.68B9.56B9.82B10.68B12.95B13.1B13.8B13.82B14.34B14.8B
Stock-Based Compensation567M640M751M826M1.02B1.19B1.31B1.34B1.24B1.29B
Deferred Taxes958M1.44B-10.65B290M563M-550M1.89B-834M-2.74B-902M
Other Non-Cash Items380M250M78M940M397M-273M-830M10.07B-452M-3.39B
Working Capital Changes-220M-1.7B-1.5B-297M-2.56B566M-868M-2.9B1.01B0
Change in Receivables-708M-649M-869M-802M-57M-20M-1.33B-1.33B-996M0
Change in Inventory0000404M286M570M830M1.52B0
Change in Payables0374M173M-394M-347M-266M765M497M-520M-758M
Cash from Investing+-11.96B-18.39B-13.7B-50.85B-14.84B-12.05B-13.45B-14.14B-7.16B-15.67B
Capital Expenditures-9.87B-10.82B-11.3B-11.71B-12.43B-11.63B-12.06B-13.77B-15.54B-12.18B
CapEx % of Revenue0.13%0.13%0.13%0.12%0.11%0.11%0.1%0.11%0.13%0.1%
Acquisitions----------
Investments----------
Other Investing-9.83B-12.98B267M650M-12.34B-11.84B-11.61B258M558M-3.18B
Cash from Financing+-8.43B151M-7.57B27.14B-9.18B-6.51B-18.62B-16.18B-19.85B-10.88B
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-2.44B-2.6B-2.88B-3.35B-3.73B-4.14B-4.53B-4.74B-4.77B-4.81B
Share Repurchases----------
Other Financing-60M-240M-2.45B-550M-1.24B-1.71B-544M787M5M-6.07B
Net Change in Cash----------
Free Cash Flow+8.91B8.42B10.11B12.59B13.27B13.1B17.09B12.65B12.96B15.49B
FCF Margin %0.12%0.1%0.12%0.13%0.12%0.13%0.15%0.1%0.11%0.13%
FCF Growth %0.06%-0.06%0.2%0.25%0.05%-0.01%0.3%-0.26%0.02%0.2%
FCF per Share1.771.652.112.712.882.833.672.853.123.96
FCF Conversion (FCF/Net Income)2.30x2.21x0.94x2.07x1.97x2.35x2.06x4.92x1.85x1.71x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)14.93%15.41%35.37%16.22%16.42%11.82%14.82%5.97%18.6%19.13%
Return on Invested Capital (ROIC)11.76%11.45%10.91%9.09%8.71%7.15%8.18%5.53%9.76%13.56%
Gross Margin69.74%69.57%69.97%68.58%68.39%68.02%66.96%68.53%69.76%100%
Net Margin10.96%10.81%26.87%12.41%11.99%10.17%12.17%4.42%12.66%13.09%
Debt / Equity0.95x1.06x0.91x1.51x1.20x1.12x1.09x1.30x1.16x0.06x
Interest Coverage5.92x5.73x5.83x5.37x4.63x3.81x4.86x3.60x5.70x-
FCF Conversion2.30x2.21x0.94x2.07x1.97x2.35x2.06x4.92x1.85x1.71x
Revenue Growth8.34%7.91%5.13%11.81%15.27%-4.94%12.38%4.33%0.12%1.78%

Revenue by Segment

2015201620172018201920202021202220232024
Residential Connectivity And Platforms--------71.95B71.57B
Residential Connectivity And Platforms Growth----------0.52%
Media-------23.41B25.36B28.15B
Media Growth--------8.33%11.02%
Studios-------11.62B11.63B11.09B
Studios Growth--------0.03%-4.58%
Business Services Connectivity--------9.26B9.7B
Business Services Connectivity Growth---------4.82%
Theme Parks3.34B4.95B5.44B---5.05B7.54B8.95B8.62B
Theme Parks Growth-48.13%10.05%----49.30%18.64%-3.69%
Corporate and Other-20M-212M142M366M461M863M64M2.98B
Corporate and Other Growth-----33.02%157.75%25.96%87.20%-92.58%4559.38%
Intersegment Eliminations--344M---321M-3.53B--2.9B-8.38B-8.38B
Intersegment Eliminations Growth------999.38%---188.77%0.00%
Cable Communications56.51B50.05B63.15B55.14B58.08B60.05B64.33B66.32B--
Cable Communications Growth--11.43%26.18%-12.68%5.33%3.39%7.12%3.09%--
Sky Limited---4.59B19.22B18.59B20.29B17.95B--
Sky Limited Growth----318.99%-3.25%9.09%-11.53%--
NBCUniversals28.46B20M33B35.76B33.97B28.08B34.32B---
NBCUniversals Growth--99.93%164885.00%8.38%-5.02%-17.33%22.21%---
Total Intersegment Eliminations And Corporate And Other-------6.05B---
Total Intersegment Eliminations And Corporate And Other Growth----------

Revenue by Geography

2015201620172018201920202021202220232024
UNITED STATES22.66B25.08B25.34B82.23B82.95B80.33B90.93B96.44B94.38B96.24B
UNITED STATES Growth-10.65%1.07%224.45%0.87%-3.16%13.19%6.07%-2.14%1.97%
Europe----21.55B20.46B14B13.38B13.36B14.19B
Europe Growth------5.07%-31.58%-4.42%-0.12%6.21%
Other Geographic Locations----4.44B2.78B11.46B11.61B13.83B13.3B
Other Geographic Locations Growth------37.41%312.68%1.27%19.19%-3.85%
Non-US5.8B6.52B7.8B12.27B7.02B-----
Non-US Growth-12.36%19.69%57.36%-42.81%-----

Frequently Asked Questions

Valuation & Price

Comcast Holdings Corp. (CCZ) has a price-to-earnings (P/E) ratio of 15.3x. This is roughly in line with market averages.

Growth & Financials

Comcast Holdings Corp. (CCZ) reported $123.31B in revenue for fiscal year 2024. This represents a 121% increase from $55.84B in 2011.

Comcast Holdings Corp. (CCZ) grew revenue by 1.8% over the past year. Growth has been modest.

Yes, Comcast Holdings Corp. (CCZ) is profitable, generating $22.61B in net income for fiscal year 2024 (13.1% net margin).

Dividend & Returns

Yes, Comcast Holdings Corp. (CCZ) pays a dividend with a yield of 1.95%. This makes it attractive for income-focused investors.

Comcast Holdings Corp. (CCZ) has a return on equity (ROE) of 19.1%. This is reasonable for most industries.

Comcast Holdings Corp. (CCZ) generated $20.97B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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